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3 results for “bogus purchases”+ Section 133clear

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Key Topics

Section 1487Section 133(6)5Addition to Income3Section 1472Section 143(2)2Section 143(3)2Section 1392

M/S PSP TRADING PVT LTD,PATNA vs. ITO, WARD- 2 (1), PATNA

In the result, the appeal of the assessee is allowed

ITA 121/PAT/2025[2018-19]Status: HeardITAT Patna09 Dec 2025AY 2018-19
Section 133(6)Section 139Section 147Section 148Section 37

bogus company to be unfounded, especially since the supplier's manufacturing unit was in Jharkhand, but the notice was served on a Kolkata address where the company could not be found.", "result": "Allowed", "sections": [ "37", "139", "147", "148", "133(6)", "143(1)", "147/1448" ], "issues": "Whether the purchases

DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, PATNA, PATNA vs. SINCON INFRASTRUCTURE PRIVATE LIMITED, PATNA

In the result, the appeal of the Revenue is dismissed

ITA 212/PAT/2025[2021-22]Status: DisposedITAT Patna26 Aug 2025AY 2021-22
Section 115Section 133(6)Section 69C

purchases bogus, and the onus shifts to the Revenue to prove otherwise once the assessee provides complete transaction details.", "result": "Dismissed", "sections": [ "69C", "115BBE", "133

ACIT, CIRCLE-2, PATNA vs. SHREE NANAK FERRO ALLOYS PVT LTD, JAMSHEDPUR

In the result, the appeal of the Revenue is dismissed

ITA 249/PAT/2019[2013-14]Status: HeardITAT Patna09 Dec 2025AY 2013-14

Bench: Shri Duvvuru Rl Reddy, Vp & Shri Rajesh Kumar, Am Shree Nanak Ferro Alloys Pvt. Ltd. Acit, Circle-2 Room No.205, 2Nd Floor, Avrtar Acit, Circle-2, Patna, Bihar Vs. Building, Bisturpur, Jamshedpur, Jharkhand (Appellant) (Respondent) Pan No. Aaics1706N Assessee By : S/Shri A.K. Rastogi Rakesh Kumar, Ar Revenue By : Shri Md Ah Chowdhary, Dr Date Of Hearing: 27.11.2025 Date Of Pronouncement: 09.12.2025

For Appellant: S/Shri A.K. RastogiFor Respondent: Shri MD AH Chowdhary, DR
Section 139Section 139(1)Section 143(2)Section 143(3)Section 147Section 148Section 68

bogus entries of cash from hawala operators. The said notice was complied with by the assessee by stating that original return filed may kindly be treated as return in response to the said notice. It was submitted that assessee has sold Maganese Ore to M/s Mahalaxmi Steel during the financial year and received consideration of ₹4,16,27,400/- from